Envelope tracking is a fast power supply technique and used to improve the energy efficiency of radio frequency power amplifier devices. In this method, the power supply input is constantly changing with respect to the envelope of the input power.

Based on the technology the market is classified into cellular communications, wireless communications and satellite communications. Wireless communications segment held the major market share when compared to other segments in 2016 and is estimated to remain the same throughout the forecast period. This segment is projected to reach a market value of $2.1 billion by 2023 during the forecast period. The market is also categorized based on the applications like smart Phones, base stations, IoT Devices (M2M), tactical radios, wearable devices and others. Smart phones segment held the major market share with $733.8m in 2015 owing to the emergence of new technologies including 4G. GPS tracking devices segment market revenue is estimated to be at $1.4 billion by 2023 and is expected to overtake smart phones segment as the major contributor to the market revenue.

Asia-Pacific held the major revenue share envelope tracking chips market as of 2015 and is projected to grow with highest CAGR of 10.2% during the forecast period owing to the increase in the adaption of advanced technologies in the telecommunications sector.

Envelope tracking chip providers are continuously investing in developing new products with consistent requirements from the customers. Top five players account for approximately 88% of the total market. The demand for efficient power solutions in consumer electronics, space & avionics and defense applications are fuelling the R&D of envelope tracking ICs in the industry.

The global Envelope Tracking Chips Report provides detailed analysis of the different technologies, applications and end-use segments. The overall market is also presented from the perspective of different geographic regions and the key countries for this industry.

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